Zcash (ZEC) Daily Market Analysis 06 May 2026

Zcash (ZEC) surges 57% in a week to $527, driven by institutional momentum and security upgrades – here's the latest: • ZEC rallied 23.33% in 24 hours to $527.38 (6 May 2026), flipping Solana in perpetual volume on Hyperliquid • Zcash Foundation released critical Zebra 4.4.1 security fix and $1M fund, reassuring network integrity • Zodl wallet raised $25M seed round from Paradigm, a16z, and Coinbase Ventures for protocol development • Foundry announced institutional-grade Zcash mining pool, signaling infrastructure buildout • Technical analysts flag cup-and-handle pattern with price targets above $800, though caution on on-chain support